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Off market
  • $383,400

    306 E Olympic Ave #2, Spokane, WA 99207

    5beds
    890sqft
    MultiFamily
    Built in 1976
    -- sqft lot
    $383,400 Zestimate®
    $431/sqft
    $1,245 Estimated rent

    Home value

    $383,400

    $337,000 - $437,000

    $1,245/mo

    Zestimate® history
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    Owner options

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    $1,245/mo

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    $1,245/mo

    Rent Zestimate®

    Refinance and save

    $2,331/mo

    Est. payment

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    $2,331/mo

    Est. payment

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    What's special

    Welcome to an exceptional investment opportunity in a prime location! Selling as is needs new roof. This duplex offers an ideal prospect for investors or flippers seeking potential returns. Can easily be transitioned into a triplex or four plex. The front unit is currently rented at $1550, providing immediate income and has not had a rate increase in a few years. Meanwhile, the back unit is empty now after tenant was there for 14 years so it awaits cosmetic updating, presenting an excellent chance for value addition. Partial fence for both units, 1706 total square ftas has a large basement, cement siding, will need a new roof. Both units are gas and have wood burning fire places, Please call 4256529200 Potential for Expansion: Unlock the property's full potential by easily converting it into a triplex or even a fourplex. With existing infrastructure, including a door providing access to the basement, the transition is streamlined. Seize the opportunity to maximize rental income in this location behind Northtown Mall so close to bus lines and 6 blocks from the Hospital Convenient Amenities: Equipped with laundry hookups in both units downstairs, tenants enjoy added convenience. Each unit also includes storage space, ensuring practicality and functionality. Additionally, a carport for two vehicles adds further appeal, complementing the property's convenience and value which includes storage for each unit Access to back alley. Location: Situated just one block from Northtown and a mere six blocks from the hospital, this property offers unparalleled accessibility. Cement siding ensures durability and low maintenance, enhancing the property's long-term value. Don't Miss Out: Whether you're an investor looking to expand your portfolio or a flipper seeking a lucrative project, this duplex presents an unmissable opportunity. Act now and capitalize on the potential of this versatile property! Contact us today to schedule a viewing and explore the possibilities this property holds.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 890 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    Lot
    • Size: 5,950 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1976

    Community & neighborhood

    Location
    • Region: Spokane

    Price history

    DateEventPrice
    6/1/2024Listing removed--
    Source: Owner Report a problem
    5/13/2024Listed for sale$325,000$365/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Nevada-Lidgerwood

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $383,400
    2% more
    +$7,668
    With Zillow Showcase(estimated)
    $391,068